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Article: Commonsense tax policies; Corporate capital-gains cuts a must.(OPED)
- Article from:
- The Washington Times (Washington, DC)
- Article date:
- February 28, 2008
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Copyright informationCOPYRIGHT 2008 The Washington Times LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Scott Garrett, SPECIAL TO THE WASHINGTON TIMES
There has been a lot of talk about stimulus packages to spur our nation's economy by putting some money back in the hands of the people who will spend it. This is the people's money and I am all for returning it to them. But, the simple fact of the matter is that the best way to create long-term economic growth and stability and to stave off sluggishness is to reduce our corporate capital-gains rate, lower tax rates on entrepreneurs and give American business the fuel to create and retain jobs.
Tax rebates of $146 million are good when reinvested in the economy. But all indications are that many of those rebate ...